Veritec and Siemens A&D enter agreement

APRIL 3--Siemens Automation and Drives (A&D), based in Nuremberg-Moorenbrunn, Germany, has re-established a distribution agreement with Minneapolis, MN, USA-based Veritec.

Apr 3rd, 2007

APRIL 3--Siemens Automation and Drives (A&D), based in Nuremberg-Moorenbrunn, Germany (www.siemens.com), has re-established a distribution agreement with Minneapolis, MN, USA-based Veritec, according to Veritec CEO Van Tran. The company has placed a significant order to purchase and license Veritec's VeriRead software that decodes images contained in VeriCode symbols, as described in US patent numbers 4,924,078; 5,331,176; 5,612,524; and 7,159,780 to be incorporated into Siemens' hardware products, including the Simatic VS 100 Series machine-vision system.

VeriCode, the Veritec 2-D matrix symbol, is used in LCDs/FPDs, because of its robustness and high error detection and correction capability.

Founded in 1982, Veritec offers a patented line of microprocessor-based encoding and decoding system products that utilize Matrix ymbology or 2-D barcode technology owned by Veritec's wholly owned subsidiary VCode Holdings. Veritec's encoding and decoding systems allow users to create and apply unique identifiers to the products in the form of a coded symbol that enables automated manufacturing control, as well as identification, tracking, and collection of data through cameras, readers, and scanners also marketed by Veritec. The collected data are stored in the 2-D barcode available for contemporaneous verification or other user-definable purposes.

For more information, see www.veritecinc.com.

More in Consumer Packaged Goods